Civic Intelligence

Queen Sofia Spanish Institute Inc

EIN 13-2548780 • 501(c)3 • New York, NY

Profile

To further, in the united states, an interest in the culture, language, literature, art, music, history and customs of spain and its heritage. (see schedule o)

445 Park Avenue 9th Floor 903New York, NY 10022

www.queensofiaspanishinstitute.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.07x

Higher debt load relative to revenue than 20% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

46th percentile

4.5%

Faster asset growth than 46% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

9.2%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$27,903,377

Up $1,189,579 (+4.5%) from 2023

Liabilities

Up

$120,345

Up $75,770 (+170%) from 2023

Net Assets

Up

$27,783,032

Up $1,113,809 (+4.2%) from 2023

Revenue

Up

$1,632,452

Up $137,224 (+9.2%) from 2023

Expenses

Up

$1,446,649

Up $212,011 (+17%) from 2023

Net Income

Down

$185,803

Down $74,787 (-29%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $4,330,079Liabilities 2010: $129,771Net Assets 2010: $4,200,3082010Assets 2011: $4,046,284Liabilities 2011: $208,580Net Assets 2011: $3,837,7042011Assets 2012: $3,158,365Liabilities 2012: $168,618Net Assets 2012: $2,989,7472012Assets 2013: $2,461,203Liabilities 2013: $59,155Net Assets 2013: $2,402,0482013Assets 2014: $1,530,651Liabilities 2014: $34,180Net Assets 2014: $1,496,4712014Assets 2015: $877,644Liabilities 2015: $13,692Net Assets 2015: $863,9522015Assets 2016: $23,737,670Liabilities 2016: $5,743Net Assets 2016: $23,731,9272016Assets 2017: $23,613,711Liabilities 2017: $7,154Net Assets 2017: $23,606,5572017Assets 2018: $22,255,490Liabilities 2018: $28,944Net Assets 2018: $22,226,5462018Assets 2019: $25,168,358Liabilities 2019: $26,124Net Assets 2019: $25,142,2342019Assets 2020: $25,046,938Liabilities 2020: $13,203Net Assets 2020: $25,033,7352020Assets 2021: $27,574,418Liabilities 2021: $63,743Net Assets 2021: $27,510,6752021Assets 2022: $25,473,020Liabilities 2022: $15,793Net Assets 2022: $25,457,2272022Assets 2023: $26,713,798Liabilities 2023: $44,575Net Assets 2023: $26,669,2232023Assets 2024: $27,903,377Liabilities 2024: $120,345Net Assets 2024: $27,783,0322024

Highlighted filing

2024

Assets$27,903,377
Liabilities$120,345
Net Assets$27,783,032

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2010: $2,334,422Expenses 2010: $2,485,470Net Income 2010: -$151,0482010Revenue 2011: $2,383,557Expenses 2011: $2,550,197Net Income 2011: -$166,6402011Revenue 2012: $1,842,183Expenses 2012: $2,722,924Net Income 2012: -$880,7412012Revenue 2013: $1,720,774Expenses 2013: $2,272,015Net Income 2013: -$551,2412013Revenue 2014: $356,742Expenses 2014: $1,273,034Net Income 2014: -$916,2922014Revenue 2015: $122,310Expenses 2015: $722,356Net Income 2015: -$600,0462015Revenue 2016: $23,370,304Expenses 2016: $502,329Net Income 2016: $22,867,9752016Revenue 2017: $304,411Expenses 2017: $648,815Net Income 2017: -$344,4042017Revenue 2018: $274,385Expenses 2018: $761,698Net Income 2018: -$487,3132018Revenue 2019: $1,003,264Expenses 2019: $805,449Net Income 2019: $197,8152019Revenue 2020: $1,195,441Expenses 2020: $928,550Net Income 2020: $266,8912020Revenue 2021: $1,255,154Expenses 2021: $1,036,676Net Income 2021: $218,4782021Revenue 2022: $1,136,483Expenses 2022: $1,193,719Net Income 2022: -$57,2362022Revenue 2023: $1,495,228Expenses 2023: $1,234,638Net Income 2023: $260,5902023Revenue 2024: $1,632,452Expenses 2024: $1,446,649Net Income 2024: $185,8032024

Highlighted filing

2024

Revenue$1,632,452
Expenses$1,446,649
Net Income$185,803

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.9$0.12$27.8$1.63$1.45$0.19
2023Detailed filing. Detailed filing data is available for this year.$26.7$0.04$26.7$1.50$1.23$0.26
2022Detailed filing. Detailed filing data is available for this year.$25.5$0.02$25.5$1.14$1.19$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.6$0.06$27.5$1.26$1.04$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.0$0.01$25.0$1.20$0.93$0.27
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$0.03$25.1$1.00$0.81$0.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.3$0.03$22.2$0.27$0.76$0.49
2017Summary only. Only limited summary data is available for this year.$23.6$0.01$23.6$0.30$0.65$0.34
2016Summary only. Only limited summary data is available for this year.$23.7$0.01$23.7$23.4$0.50$22.9
2015Summary only. Only limited summary data is available for this year.$0.88$0.01$0.86$0.12$0.72$0.60
2014Summary only. Only limited summary data is available for this year.$1.53$0.03$1.50$0.36$1.27$0.92
2013Summary only. Only limited summary data is available for this year.$2.46$0.06$2.40$1.72$2.27$0.55
2012Summary only. Only limited summary data is available for this year.$3.16$0.17$2.99$1.84$2.72$0.88
2011Summary only. Only limited summary data is available for this year.$4.05$0.21$3.84$2.38$2.55$0.17
2010Summary only. Only limited summary data is available for this year.$4.33$0.13$4.20$2.33$2.49$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$14,166,962
Mission and Program Overview

Mission

To further, in the united states, an interest in the culture, language, literature, art, music, history and customs of spain and its heritage. (see schedule o)

To further an interest in the culture, language, literature, art, music, history and customs of spain

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$26,577,946$27,736,475▲ $1,158,529
Savings and Temporary Cash Investments$22,786$67,927▲ $45,141
Cash and Non-Interest-Bearing Accounts$63,775$33,750▼ $30,025
Accounts Receivable$4,574$25,780▲ $21,206
Land, Buildings, and Equipment, Net$20,000$20,000→ $0
Prepaid Expenses and Deferred Charges$24,717$12,125▼ $12,592
Total Assets$26,713,798$27,903,377▲ $1,189,579
Other Assets Total$0$7,320▲ $7,320
Liabilities
Accounts Payable and Accrued Expenses$44,575$120,345▲ $75,770
Total Liabilities$44,575$120,345▲ $75,770
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$26,669,223$27,783,032▲ $1,113,809
Total Net Assets Fund Balance$26,669,223$27,783,032▲ $1,113,809
Total Liabilities and Net Assets / Fund Balance$26,713,798$27,903,377▲ $1,189,579

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,000-$20,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria Begonia SantosPresident & CEOFT$192,600$91,091$283,691
Peggy Holder-jonesDirector Admin & AccountingFT$113,300$65,072$178,372
Revenue and Support

Revenue Composition

Contributions and Grants
$700,136
Program Service Revenue
$0
Investment Income
$1,062,969
Other Revenue
$-130,653
All Other Contributions
$267,665
Change in Net Assets
$185,803

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table3$53,070
Other Non Cash Contri Table1$37,700
Other Non Cash Contri Table1$15,000
Other Non Cash Contri Table1$10,000
Other Non Cash Contri Table24$10,000
Other Non Cash Contri Table300$6,000
Other Non Cash Contri Table1$6,000
Other Non Cash Contri Table1$4,800
Other Non Cash Contri Table1$4,000
Other Non Cash Contri Table330$3,452
Other Non Cash Contri Table1$2,000
Other Non Cash Contri Table25$1,775
Other Non Cash Contri Table1$1,500
Other Non Cash Contri Table18$1,256
Other Non Cash Contri Table9$1,080
Other Non Cash Contri Table2$1,000
Other Non Cash Contri Table7$700
Other Non Cash Contri Table120$600
Other Non Cash Contri Table1$500
Other Non Cash Contri Table1$406
Other Non Cash Contri Table2$400
Other Non Cash Contri Table10$275
Other Non Cash Contri Table4$140
Other Non Cash Contri Table4$100
Total Noncash Contributions868$161,754

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,501,466
Revenue Not Reported on Financial Statements
$130,986
Revenue Not Reported on Form 990
$1,140,828
Total Revenue per Audited Statements
$2,642,294
Total Revenue per Form 990
$1,632,452
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$754,072
Other Expenses$598,550
Grants and Similar Amounts Paid$94,027
Total Fundraising Expense$55,667
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$256,103$17,482$20,506$294,091
Other Salaries and Wages$239,016$17,171$21,134$277,321
Fees for Service Investment Mgmnt Fees-$130,986-$130,986
Other Employee Benefits$105,891$5,852$5,266$117,009
Foreign Grants$74,027--$74,027
Occupancy$46,509--$46,509
Fees for Services Accounting$7,355$29,420-$36,775
Payroll Taxes$32,835$1,814$1,633$36,282
Pension Plan Contributions$26,578$1,469$1,322$29,369
Information Technology$18,457--$18,457
Other Expenses$6,465$6,464-$12,929
Interest$12,228--$12,228
Office Expenses$4,289$3,155$3,155$10,599
Grants to Domestic Individuals$10,000--$10,000
Grants to Domestic Orgs$10,000--$10,000
Fees for Services Other$3,740$5,612-$9,352
Insurance$2,651$2,650$2,651$7,952
Travel$3,381--$3,381
All Other Expenses$456--$456
Total Functional Expenses$1,168,907$222,075$55,667$1,446,649

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,528,485
Total Expenses per Form 990$1,446,649
Expenses per Audited Statements$1,315,663
Expenses Not Reported on Form 990$212,822
Expenses Not Reported on Financial Statements$130,986
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New York Foundation for the ArtsBrooklyn, NY501(c)(3)Analogues Site Exhibition by Jorge Otero-pailos$10,000

International Summary

Offices
0
Employees
0
Spending
$74,027

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumValencia Disaster Relief-00$59,411
Europe (including Iceland & Greenland)Ny Staff Organized Events-00$14,616
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$176,290
Fundraising Gross Income$45,425
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sophia Awards Gala$477,896$45,425$69,643$-24,218
Total Events$477,896$45,425$176,290$-130,865
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 will be reviewed by members of the financial and investment committee.

Form 990, Part VI, Section B, Line 12C

Directors are given the conflict of interest policy to read and then the disclosure statement to fill out. There are no present board members that have a conflict of interest.

Form 990, Part VI, Section B, Line 15

The executive committee and the board of directors recommend and approve compensation.

Form 990, Part VI, Section C, Line 19

The institute's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Queen Sofia Spanish Institute Inc
EIN
13-2548780
Phone
2126280420
Address
445 PARK AVENUE 9TH FLOOR 903, NEW YORK, NY 10022

Signing Officer

Name
Joan Trant
Title
Treasurer
Phone
2126280420
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joan Trant
Formed
1954
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
16
Employees
5
Volunteers
16

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
Preparer
Alexander Lazzaruolo
Phone
2126617777
Supplemental Narrative

Additional Explanations

Part III - Line 1

The qssi is a nonprofit corporation founded in 1954 to stimulate american's interest in the art, culture, customs, language, literature and history of spain and the spanish-speaking world. The institute strives to promote, among the spanish-speaking peoples of the world, knowledge and understanding of ideals, culture and customs of the people of the united states, to the end that ties of friendship may be formed, mutual understanding promoted, and bonds of peace strengthened. The institute is committed to advancing mutual cultural appreciation and knowledge between the u.s. And spanish-speaking countries through different initiatives, including: - co-sponsoring lectures, exhibitions, and concerts. - hosting cultural events to bring together and promote awareness of hispanic and us intellectuals. - co-sponsoring educational partnerships and lectures with nyc public schools and universities. - organizing the sophia awards gala to honor distinguished persons or organizations that contribute to the international appreciation of spain, the u.s. And latin america. - honoring world-class spanish to english translator with the annual translation prize. The institute's funding comes from diverse sources including the board of directors; board of directors contacts; awardees, partners of the institute; contributions from donors and the general public.

Form 990, Part III, Line 4A

Webpage: within the gli website and in partnership with the queen sofa spanish institute and the royal academy of history of spain, the gilder lehrman institute displays a free suite of resources to explore spain's strategic contributions to the american revolution through lesson plans, primary sources, videos, scholarly essays, and more. This was made possible through funding from iberdrola; fundacion ramon areces and fundacion consejo espana - ee. Uu.this is a continued collaboration efforts with the gilder lehrman institute of american history to develop and disseminate resources and materials on the contributions of spain to the u.s. History to benefit american and spanish school children and educators. All materials are posted on the qssi website for public access. This substantial and unique project will allow the qssi to reach the gli's network of 58,000 teachers and 3,000,000 students throughout 31,000 schools nationwide and world wide.

Form 990, Part III, Line 4B

Annual translation prize: honoring the best english translation of a work written originally in the spanish language. With the aim of elevating awareness and engendering appreciation of spanish-language literature in the united states, this $10,000 prize was created by the cultural committee and board of directors of the queen sofia spanish institute to honor the best english-language translation of a literary work written in spanish. The reading committee for the queen sofia spanish institute translation prize consists of a minimum of three scholars with expertise in spanish and/or latin american literature, translation, culture, and/or language.

Form 990, Part III, Line 4C

Analogues sites exhibition: the public sculpture exhibition analogue sites was by artist jorge otero-pailos who encompassed biosignature preservation on east 53rd street in front of the seagram building; analogue sites on east 66th street and byproduct material on east 67th street in front of the park avenue armory. The sculptures are in dialogue with an iconic mid-century modernist landmark and a 19th-century historical building. The exhibition, which ran from april 1 through october 31, 2024, was presented in partnership with nyc parks' art in the parks program and the sculpture committee of the fund for park avenue. It was a sponsored project of the new york foundation for the arts, with funding provided by the onera foundation, the queen sofa spanish institute, the aecid, the consulate general of spain in new york, the new york state council for the arts with the support of the office of the governor, the new york state legislature, and individual donors.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

SPECIAL EVENT 104,315.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

SPECIAL EVENT 104,315.

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IRS990/Form990PartVIISectionAGrp/PersonNm13PROFESSOR RICHARD KAGAN
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IRS990/Form990PartVIISectionAGrp/PersonNm15CARMEN REVIRIEGO
IRS990/Form990PartVIISectionAGrp/PersonNm16ISABEL STUDE LUMMIS
IRS990/Form990PartVIISectionAGrp/PersonNm17PEGGY HOLDER-JONES
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR OF THE BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIR. ADMIN & ACCOUNTING
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IRS990/MissionDesc0TO FURTHER, IN THE UNITED STATES, AN INTEREST IN THE CULTURE, LANGUAGE, LITERATURE, ART, MUSIC, HISTORY AND CUSTOMS OF SPAIN AND ITS HERITAGE. (SEE SCHEDULE O)
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IRS990/OtherExpensesGrp/Desc0CONTRIBUTED NON-FINANCI
IRS990/OtherExpensesGrp/Desc1PROGRAMS & GRANTS
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IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
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IRS990/ProgSrvcAccomActy2Grp/Desc0ANNUAL TRANSLATION PRIZE: SEE SCHEDULE O.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ANALOGUES SITES EXHIBITION: SEE SCHEDULE O.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0QSSI IN MADRID (PRIMERAS JORNADOS):TO ENSURE THAT SPAIN'S CONTRIBUTION TO THE INDEPENDENCE OF THE UNITED STATES IS DULY RECOGNIZED IN THE OFFICIAL CELEBRATIONS TO BE HELD IN THE UNITED STATES IN 2026, THE QUEEN SOFA SPANISH INSTITUTE, AS PART OF ITS "AMERICA&SPAIN250" INITIATIVE, AND THE RAMN ARECES FOUNDATION PRESENT THE FIRST CONFERENCE ON 250 YEARS OF RELATIONS BETWEEN SPAIN AND THE UNITED STATES OF AMERICA. SUNSET GALA AT THE ALHAMBRA: THE SUNSET GALA AT THE ALHAMBRA SUPPORTED RESEARCH ON ALZHEIMER'S AND OTHER NEURODEGENERATIVE DISEASES. THE QSSI AND ITS FRIENDS ARE PROUD SUPPORTERS OF THIS CAUSE. THE GALA TOOK PLACE AT THE PARADOR DE GRANADA, FOLLOWED BY A DANCE PERFORMANCE BY THE NATIONAL BALLET OF SPAIN AT THE IMPRESSIVE GENERALIFE THEATER OF THE ALHAMBRA PALACE IN GRANADA.(1) AMERICAN FOLK ART MUSEUM: A SPECIAL PRESENTATION FRANCESC TOSQUELLES: AVANT-GARDE PSYCHIATRY AND THE BIRTH OF ART BRUTTHIS SPECIAL EVENT PRESENTED AN EXCLUSIVE LOOK AT THE NEW EXHIBITION ABOUT THE SPANISH PSYCHIATRIST FRANCESC TOSQUELLES AND FEATURED A CONVERSATION ABOUT ADVANCES IN THE FIELD OF PSYCHIATRY AND MENTAL HEALTH FOLLOWED BY PRIVATE TOURS OF THE EXHIBITION. GUESTS JOINED THE QUEEN SOFA SPANISH INSTITUTE AND THE AMERICAN FOLK ART MUSEUM FOR AN AFTER-HOURS EVENT WITH UNIQUE PERSPECTIVES ON THE NEW EXHIBITION, PRIVATE TOURS, AND LIGHT REFRESHMENTS.(2) 15TH EDITION OF THE CONFERENCIA MBA ESPANA: THE QUEEN SOFA SPANISH INSTITUTE IS A PROUD SPONSOR OF THE CONFERENCE AND OPENING EVENT OF THE 15TH EDITION OF CONFERENCIA MBA ESPAA HELD THIS YEAR AT COLUMBIA UNIVERSITY. CONFERENCIA MBA ESPAA WAS A TWO-DAY EVENT OF LECTURES AND NETWORKING EVENTS WHERE SPANISH LEADERS IN BUSINESS SHARED THEIR EXPERIENCES AND PERSPECTIVES WITH MBA STUDENTS FROM TOP AMERICAN UNIVERSITIES.(3) (3) JUNIOR COMMITTEE EVENTS(4) (4) ANNIVERSARY VIDEO(5) (5) MECUSA: THE QUEEN SOFA SPANISH INSTITUTE IS A PROUD SPONSOR OF THE EXHIBITION AND OPENING OF ELLAS SON CIENCIA/ WOMEN ARE SCIENCE BY MECUSA & SPANISH ILLUSTRATOR QUAN ZHOU HELD AT NYU-KJCC.USA(6) (6) TALIA AWARD: "THE RED ROSE" BY PRTT WINS THE 2024 AWARD(7) QUIZSTORY PODCAST(8) GENERAL PROGRAM EXPENSES.
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE QUEEN SOFIA SPANISH INSTITUTE, INC. (THE "INSTITUTE") QUALIFIES AS PUBLICLY SUPPORTED BECAUSE IT MEETS THE 10% PLUS FACTS-AND-CIRCUMSTANCES TEST UNDER TREAS REG. 1.170A-9(E)(3) IN THE FOLLOWING RESPECTS:10% OF SUPPORT LIMITATION - AT 28.73% INSTITUTE'S PUBLIC SUPPORT PERCENTAGE FOR 2024 EXCEEDED 10%.THE INSTITUTE IS A NONPROFIT CORPORATION FOUNDED IN 1954 TO STIMULATE AMERICANS' INTEREST IN THE ART, CULTURE, CUSTOMS, LANGUAGE, LITERATURE AND HISTORY OF THE SPANISH SPEAKING WORLD. THE INSTITUTE STRIVES TO PROMOTE, AMONG THE SPANISH-SPEAKING PEOPLES OF THE WORLD, KNOWLEDGE AND UNDERSTANDING OF IDEALS, CULTURE AND CUSTOMS OF THE PEOPLE OF THE UNITED STATES, TO THE END THAT TIES OF FRIENDSHIP MAY BE FORMED, MUTUAL UNDERSTANDING PROMOTED, AND BONDS OF PEACE STRENGTHENED.THE INSTITUTE IS COMMITTED TO ADVANCING MUTUAL CULTURAL APPRECIATION AND KNOWLEDGE BETWEEN THE U.S. AND SPANISH-SPEAKING COUNTRIES THROUGH DIFFERENT INITIATIVES, INCLUDING: CO-SPONSORING LECTURES, EXHIBITIONS, AND CONCERTS. HOSTING CULTURAL EVENTS TO BRING TOGETHER AND PROMOTE AWARENESS OF HISPANIC AND US INTELLECTUALS. CO-SPONSORING EDUCATIONAL PARTNERSHIPS AND LECTURES WITH NYC PUBLIC SCHOOLS AND UNIVERSITIES. ORGANIZING THE SOPHIA AWARDS GALA TO HONOR DISTINGUISHED PERSONS OR ORGANIZATIONS THAT CONTRIBUTE TO THE INTERNATIONAL APPRECIATION OF SPAIN, THE U.S. AND LATIN AMERICA. HONORING WORLD-CLASS SPANISH TO ENGLISH TRANSLATORS WITH THE ANNUAL TRANSLATION PRIZE.THE INSTITUTE'S FUNDING COMES FROM DIVERSE SOURCES INCLUDING THE BOARD OF DIRECTORS; BOARD OF DIRECTOR CONTACTS; AWARDEES; PARTNERS OF THE INSTITUTE; CONTRIBUTIONS FROM DONORS AND THE GENERAL PUBLIC. THE INSTITUTE'S ACTIVITIES ARE GOVERNED BY A BOARD OF DIRECTORS REFLECTING A BROAD RANGE OF INDIVIDUALS WITH SPECIAL BACKGROUNDS AND EXPERTISE IN MANAGING AND OPERATING NONPROFIT ORGANIZATIONS. THE INSTITUTE'S BOARD IS ACTIVELY INVOLVED IN SOLICITING NEW AND DIVERSE SOURCES OF FUNDING TO SUPPORT THE INSTITUTE'S PURPOSE.THE INSTITUTE'S STAFF AND VOLUNTEER BOARD ARE COMMITTED TO EXPANDING PUBLIC OUTREACH THROUGH PROGRAMS AND ACTIVITIES ALIGNED WITH ITS MISSION, AND TO STIMULATING ADDITIONAL PUBLIC SUPPORT FROM EXISTING AND NEW DONORS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER - TRANSLATION/TRANSCRIPTION -
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0781632
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0119527

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